Local businessman buys Museum Reach property

A half-acre property in the Museum Reach has a new owner: Luis Kernion, an executive at a local oil exploration company.

Earlier this month, Kernion bought a property at the southwest corner of Brooklyn Avenue and N. St. Mary’s Street through Prize Permanent Holdings LLC, according to county property records.

The property is down the street from Wyndham Garden San Antonio Riverwalk/Museum Reach and The Brooklynite cocktail bar, and it’s close to where Indianapolis developer SC Bodner Co., Inc. plans to build a $40 million apartment complex. Developers plan to build a hotel tower two blocks to the southwest, across from the Tobin Center for the Performing Arts.

The property is currently the site of Arrow Upholstery & Drapery, which has been there for 54 years and is moving to another spot near the airport next month, owner Sidney Lachman said.

Kernion, who didn’t respond to requests for an interview, plans to open a ballet studio in the building, Lachman said.

“We had an unbelievable offer, okay?” Lachman said. He declined to share the sales price.

Kernion is executive vice president of Bissell Exploration, a local company that buys properties for the production of oil and gas.

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